Latest news with #AshutoshJoshi
Bloomberg
14 hours ago
- Business
- Bloomberg
Marlboro Expansion Draws Indian Bulls to Godfrey Phillips
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian equities look set to extend their winning streak to the fifth day, with the Nifty futures pointing to a positive start. Technical analysts are likely feeling chuffed after the formation of a so-called golden cross for the benchmark index, which has in the past presaged gains. Asian stocks are also trading higher, buoyed by expectations about the US-China trade talks, and that's likely to support sentiment.
Bloomberg
6 days ago
- Business
- Bloomberg
Bargain Hunters Scouring For Distressed Sectors May Eye India's Road Developers
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Indian stocks are positioned for a second day of gains, helped by a risk on tone in Asian markets and a sharp decline in volatility index back home. The prospects of ample rainfall could further boost sentiment, benefiting a host of sectors while helping ease inflationary pressures.
Bloomberg
26-05-2025
- Business
- Bloomberg
Indian Stocks to Benefit From Dollar Weakness, US Delaying Tariffs on EU
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Local equities are likely to open strong, thanks to the weakness in the dollar and the US delaying its tariffs on the EU. Asian stocks are trading higher, which will also support sentiment. Investors will be monitoring India's GDP data due later this week to assess the strength of economic recovery.
Bloomberg
24-05-2025
- Business
- Bloomberg
China Jets Used in India-Pakistan Clash Spur Defense Stock Surge
By and Ashutosh Joshi Save As the recent military clash between India and Pakistan stunned the world with its intensity, investors were fixated on another aspect of the conflict: the display of cutting-edge military technology. Over the past month, two indexes that track the biggest defense stocks in China — a key military partner of Pakistan — and India surged by more than $36 billion in combined value, thrusting a long-overlooked sector into the spotlight. While China and India have both invested heavily to modernize their military, the latest confrontation offered investors a rare look into their real combat capabilities.
Bloomberg
23-05-2025
- Business
- Bloomberg
Indian Banks' Loan Growth at the Slowest Pace Since 2022
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. As the week wraps up, stock market bulls are likely to exercise caution amid erratic foreign investor buying in recent days. A lukewarm session would be consistent with the sluggish trend in global markets this week. Earnings announcements from JSW Steel and Ashok Leyland today will be closely watched.
